Monthly Archives: March 2013

HBCU Money™ Dozen Links 3/18 – 3/22

Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure.

Government Departments

Senate endorses Keystone XL pipeline in budget amendment vote l Senate News

Why Nigeria’s Rebranding Projects Failed l Ekiti State

General Austin becomes 1st African-American to lead US Central Command l White House

Next-generation firewalls are actually getting better l Government Computer News

CIA’s big data plans lead it to the Amazon cloud l Government Computer News

Senator: FAA closure of air control towers like ‘removing stop signs and stop lights’ from roads l Senate News

Federal Reserve, Central Banks, & Financial Departments

The latest data on assets and liabilities of commercial banks in the U.S. l St. Louis Fed

Managing Economic Development in Uncertain Fiscal Times l Chicago Fed

Find out why U.S. corporations are holding so much cash l St. Louis Fed

Did you know, that only 58% of Africans have access to safe drinking water? l World Bank

Read the final report from the President’s Advisory Council on Financial Capability l Treasury

Helping youth build strong financial knowledge, skills, habits will promote sounder household economies l Treasury

Thank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important government and central bank articles of the week.

The HBCU Money™ Weekly Market Watch

Our Money Matters /\ March 22, 2013


African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $6.30 (0.00% UNCH)

Radio One (ROIA) $1.79 (0.00% UNCH)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  191.65 (1.66% UP)

Botswana Stock Exchange (BSE)  8 351.08 (1.98% UP)

Ghana Stock Exchange (GSE)  1 742.26 (45.22% UP)*

Nairobi Stock Exchange (NSE)  113.45 (N/A)

Johannesburg Stock Exchange (JSE) 40 063.38 (0.63% DN)

International Stock Exchanges

New York Stock Exchange (NYSE) 9 059.95 (0.56% UP)

London Stock Exchange (LSE)  3 372.79 (0.02% UP)

Tokyo Stock Exchange (TOPIX)  1 038.57 (1.85% DN)


Gold 1 605.90 (0.49% DN)

Oil 92.95 (0.54% UP)

*Ghana Stock Exchange shows current year to date movement. All others daily.

All quotes reported as of 2:00 PM Eastern Time Zone

The HBCU Endowment Feature – Bennett College


School Name: Bennett College

Median Cost of Attendance: $25 653

Undergraduate Population: 736

Endowment Needed: $377 612 160

Analysis: Bennett College needs approximately $378 million to allow all of its undergraduates to attend the college debt free annually at its current population and cost of attendance. Often thought of as the “other” women’s college, Bennett College is actually 8 years older than its sister college in Atlanta. Comparisons between the two are natural but should not be made beyond their student body gender makeup. The school’s atmosphere is still intensely intimate with less than 800 students. Its need for growth goes without saying as it needs to double in size in order for more alumni in the field. At the same time it has an opportunity to develop extremely nurtured relationships with students and their families so that personalizing the donation relationship would not be complicated. The fields that it has shown to be strong in are very good growth and need areas for African America’s infrastructure. Bennett College faces some difficulties in terms of recruitment being in the middle of such an HBCU hotbed. Being such an extraordinarily small school can often time  leave it overlooked by potential students and donors. That being said it reports one of the healthiest if not the healthiest endowment amongst the small HBCUs. The coming decade for the endowment and its growth potential will be determined substantially as the board of trustees determines who the new leadership of the college will be and what their vision requires. With a strong willed leader this institution could see its endowment easily triple over the next decade. They are small but the ladies of Bennett College pack a mighty punch.

As always it should be noted that endowments provide a myriad of subsidies to the university for everything from scholarship, faculty & administration salaries, research, and much more.

HBCU Money™ Business Book Feature – The Man in the High Castle


“The single most resonant and carefully imagined book of Dick’s career.” – New York Times

It’s America in 1962. Slavery is legal once again. The few Jews who still survive hide under assumed names. In San Francisco, the I Ching is as common as the Yellow Pages. All because some twenty years earlier the United States lost a war—and is now occupied by Nazi Germany and Japan.

This harrowing, Hugo Award-winning novel is the work that established Philip K. Dick as an innovator in science fiction while breaking the barrier between science fiction and the serious novel of ideas. In it Dick offers a haunting vision of history as a nightmare from which it may just be possible to wake.

Winner of the Hugo Award

HBCU Money™ Dozen Links 3/11 – 3/15


Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure.

Government Departments

(video) POTUS visits the Argonne National Research Lab to talk about American energy security l White House

Guard/Reserve Veteran Unemployment Rate Decreases l Military Community & Family Policy

SBA is here to help women-owned businesses succeed in selling to the government l SBA

Ski with a Ranger: A Breathtaking Adventure l USDA

Government needs are redefining what goes into a tablet l Government Computer News

DOJ Announces $2 Million in Grants to Strengthen Legal Services for the Poor l Department of Justice

Federal Reserve, Central Banks, & Financial Departments

Register for Indiana event on creating and using children’s savings accounts l St. Louis Fed

Chart: Consumer Price Index rose 0.7% in February, the largest monthly increase since June 2009 l St. Louis Fed

SE manufacturing had a bumpy ride after the recession. Has the sector turned a corner? l Atlanta Fed

Farm loan demand weakened further during the third quarter of 2012 l Richmond Fed

Research paper looks at what allowed some community banks to remain successful during the crisis l St. Louis Fed

Examine the trends in debt flows within the developing world l World Bank

Thank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important government and central bank articles of the week.